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Thoughts on social media, business and journalism from Suw and Kevin Charman-Anderson

Only 5% of UK readers willing to pay for online news

As I wrote in my post from earlier today, I didn’t know if the statistics from the American Press Institute about paid content held up for the UK market. As if on cue, paidContent.co.uk (owned by the folks who pay my bills at the Guardian) have commissioned a survey in the UK by Harris Interactive that track very closely with the US numbers. According to the figures from API, a 2009 Belden survey in the US found that if content was no longer available for free on a newspaper website that 68% of respondents would turn to “other local Internet sites.” The Harris survey in the UK found even worse figures: 74% would turn to another free website.

Another statistic that I found interesting is that 16-24 year-olds were much more willing to pay than any other age group. It’s still not a high percentage, 13%, but it is much higher than the 1-2% of anyone over 35. Is that because younger age groups value the internet as an information source more or because they are more accustomed to paying for content online or on their mobile phones? The survey doesn’t answer these questions although it might be contained in user interviews that are not discussed in the post.

I am sure that people on both sides of the paid content debate will look at these figures and find in them data that supports their position. However, it is difficult to use these numbers to posit a case where paid content online becomes a major source or revenue that will replace the declining revenue in the traditional print business.